Regency Centers Corporation (REG): Today's Featured Financial Loser

Regency Centers Corporation ( REG) pushed the Financial sector lower today making it today's featured Financial loser. The sector as a whole closed the day up 1.2%. By the end of trading, Regency Centers Corporation fell 24 cents (-0.5%) to $45.60 on average volume. Throughout the day, 865,460 shares of Regency Centers Corporation exchanged hands as compared to its average daily volume of 625,500 shares. The stock ranged in price between $45.36-$45.94 after having opened the day at $45.92 as compared to the previous trading day's close of $45.84. Other company's within the Financial sector that declined today were: Bank of the James Financial Group ( BOTJ), down 9%, Credit Suisse ( DOIL), down 8.9%, Parke Bancorp ( PKBK), down 7.2%, and US Global Investors ( GROW), down 6%.

Regency Centers Corporation operates as a real estate investment trust. The company, through its subsidiaries, owns, operates, and develops community and neighborhood shopping centers that are tenanted by grocers, category-leading anchors, specialty retailers, and restaurants. Regency Centers Corporation has a market cap of $4.12 billion and is part of the real estate industry. The company has a P/E ratio of 138.8, above the average real estate industry P/E ratio of 99.6 and above the S&P 500 P/E ratio of 17.7. Shares are up 21.9% year to date as of the close of trading on Tuesday. Currently there are seven analysts that rate Regency Centers Corporation a buy, one analyst rates it a sell, and six rate it a hold.

TheStreet Ratings rates Regency Centers Corporation as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.

On the positive front, First Financial Service Corporation ( FFKY), up 15.8%, Radian Group ( RDN), up 11%, Dominion Resources Black Warrior ( DOM), up 9.4%, and Somerset Hills Bancorp ( SOMH), up 8.9%, were all gainers within the financial sector with Wells Fargo ( WFC) being today's featured financial sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

If you liked this article you might like

Regency, Equity One Deal Shows Need for Consolidation in Shopping Centers

5 Things You Must Know Before the Market Opens Tuesday

Regency, Equity One to Combine to Form $12 Billion Mall REIT

Pre-Market Activity Shows Heavy Volume And Movement For Regency Centers (REG)

Regency Centers (REG): Today's Post-Market Laggard